The state-owned lender, which finances approximately 27% of agricultural debt in SA and is the only source of funding for most of the emerging farmers, published a short presentation of its unaudited interim results for the first half of its 2020 financial year on Monday evening
Land Bank posts a R172 million interim loss for 2020
The Land Bank has posted a R172 million loss from its continuing operations for the six months ended on 30 September as its interest income continued to decline while provision for bad debts grew.
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